Irish software firm Ion Investment Group Ltd said on Friday it had approached Fidessa Group with a proposal to buy the British software firm for 38.703 pounds per share, potentially countering a 1.4 billion pound deal by Switzerland's Temenos.
Ion said it approached Fidessa's board and certain shareholders with the proposal, under which Fidessa shareholders would also get a special and final dividend totalling 79.7 pence per share. (Reuters)
Source: www.businessworld.ie